Nivas Inc
EIN: 463976971 · Denver, CO · NTEE: Q32
| Metric | Value |
|---|---|
| Total Revenue | $292K |
| Total Expenses | $252K |
| Net Assets | $87K |
Is Nivas Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nivas Inc
Nivas Inc (EIN: 463976971) is a nonprofit organization based in Denver, CO, classified under NTEE code Q32. The organization reported total revenue of $292K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nivas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nivas Inc is a small nonprofit that has been operating for 11 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 65.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $285K |
| Total Expenses | $252K |
| Surplus / Deficit | +$33K |
| Total Assets | $124K |
| Total Liabilities | $37K |
| Net Assets | $87K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Nivas Inc reported a surplus of $33K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Nivas Inc's revenue has grown at a compound annual growth rate (CAGR) of 65.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.3% | +36.3% | +68.4% |
| 2022 | +40.2% | +12.1% | +18.0% |
| 2021 | +22.3% | +73.2% | -28.7% |
| 2020 | +20.1% | +44.2% | +28.2% |
| 2019 | +98.2% | +41.8% | +75.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nivas Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nivas Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.7%.
Frequently Asked Questions about Nivas Inc
Is Nivas Inc a legitimate charity?
Nivas Inc (EIN: 463976971) is a registered tax-exempt nonprofit based in Colorado. It has 11 years of IRS 990 filings on record. Total revenue: $292K. No red flags identified. Financial health grade: A.
How does Nivas Inc spend its money?
Nivas Inc reported $292K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nivas Inc tax-deductible?
Nivas Inc is registered as a tax-exempt nonprofit (EIN: 463976971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nivas Inc located?
Nivas Inc is headquartered in Denver, Colorado and files with the IRS under EIN 463976971. It is classified under NTEE code Q32.
How many years of IRS 990 filings does Nivas Inc have?
Nivas Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $292K in total revenue.
Filing History
IRS 990 filing history for Nivas Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Nivas Inc's revenue has grown by 14907%, moving from $2K to $285K. In its most recent filing year (2023), Nivas Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $37K in liabilities against $124K in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $285K | $252K | $124K | $37K | — | — |
| 2022 | $196K | $185K | $74K | $0 | — | — |
| 2021 | $140K | $165K | $62K | $0 | — | View 990 |
| 2020 | $114K | $95K | $87K | $0 | — | View 990 |
| 2019 | $95K | $66K | $68K | $0 | — | View 990 |
| 2018 | $48K | $47K | $39K | $0 | — | View 990 |
| 2017 | $50K | $40K | $38K | $0 | — | View 990 |
| 2016 | $40K | $37K | $27K | $0 | — | View 990 |
| 2015 | $57K | $35K | $25K | $0 | — | View 990 |
| 2014 | $14K | $12K | $3K | $0 | — | View 990 |
| 2013 | $2K | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $285K, expenses of $252K, and assets of $124K (revenue +45.3% year-over-year).
- 2022: Revenue of $196K, expenses of $185K, and assets of $74K (revenue +40.2% year-over-year).
- 2021: Revenue of $140K, expenses of $165K, and assets of $62K (revenue +22.3% year-over-year).
- 2020: Revenue of $114K, expenses of $95K, and assets of $87K (revenue +20.1% year-over-year).
- 2019: Revenue of $95K, expenses of $66K, and assets of $68K (revenue +98.2% year-over-year).
- 2018: Revenue of $48K, expenses of $47K, and assets of $39K (revenue -4.7% year-over-year).
- 2017: Revenue of $50K, expenses of $40K, and assets of $38K (revenue +27.4% year-over-year).
- 2016: Revenue of $40K, expenses of $37K, and assets of $27K (revenue -30.5% year-over-year).
- 2015: Revenue of $57K, expenses of $35K, and assets of $25K (revenue +308.1% year-over-year).
- 2014: Revenue of $14K, expenses of $12K, and assets of $3K (revenue +635.6% year-over-year).
- 2013: Revenue of $2K, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nivas Inc:
Data Sources and Methodology
This transparency report for Nivas Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.